BCM Risk and Business Impact Analysis 3

Question 1

Which of the following is NOT typically identified during a Business Impact Analysis?

Accepted Answer

Recovery strategies and solutions

Answer

Recovery strategies are developed after the BIA findings; the BIA itself identifies impacts, dependencies, and requirements — not the solutions.

Question 2

A company identifies that its customer service platform depends on both the CRM database and the telephony system. This relationship is best documented as a:

Accepted Answer

Process interdependency

Answer

Process interdependencies map how one function relies on others, which is critical for sequencing recovery efforts in a BIA.

Question 3

Which risk treatment option involves transferring the financial consequences of a risk to a third party?

Accepted Answer

Risk transfer

Answer

Risk transfer, typically through insurance or contracts, shifts the financial burden of a risk to another party without eliminating the risk itself.

Question 4

An organization's BIA identifies that manual workarounds can sustain a billing function for up to 48 hours. This capability is best described as:

Accepted Answer

Interim continuity measure

Answer

Interim continuity measures (or workarounds) allow a function to continue operating at reduced capacity during a disruption until full recovery is achieved.

Question 5

During risk identification, the BCM team uses historical data, industry reports, and expert judgment. Combining these diverse inputs best reflects which principle?

Accepted Answer

Multi-source risk intelligence

Answer

Using multiple sources for risk identification reduces blind spots and increases the comprehensiveness of the risk register.

(BCM) Business Continuity Management Certification Practice Test

(BCM) Business Continuity Management Certification Practice Test

BCM Risk and Business Impact Analysis 3